Omnitude – A Revolution in E Commerce

in omnitude •  7 years ago 

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What is Omnitude?

Omnitude is a blockchain smart platform that connects blockchain technologies, E Commerce platforms and enterprise systems involved in building end to end supply chains. Utilizing Omnitude as an integration layer between existing systems enables rapid deployment of blockchain technology without the need to replace current systems. Omnitude is creating their own blockchain solutions that integrate enterprise systems, supply chains and eCommerce platforms.
What problems does it solve?

  • The creation of transparent and accountable manufacturing and supply chains.
  • A significant reduction in eCommerce fraud.
  • The enablement of a single customer identity for use across any Omnitude connected eCommerce site.
  • Blockchain integration between enterprise systems such as ERP & WMS.

Core Features of Omnitude:

Hyperledger - Any entity participating in eCommerce (e.g. merchant, customer, supplier, courier, affiliate/referrer, or Omnitude specialist) will be able to join the Omnitude ecosystem. They will be granted an OID by the Omnitude Foundation and will run a full or partial node. Depending on their role, the Omnitude Foundation will assign the appropriate level of access required to transact in the ecosystem.

Identity and auditability - The Omnitude Foundation will manage user OIDs and authenticate all participants on the network.

Private transactions and confidential contracts - Omnitude will conceal identity, transaction patterns, and terms of confidential contacts from unauthorised third parties by encrypting transactions so only the stakeholders can decrypt and execute them. In this way Omnitude will allow for competing business interests (or participants requiring private, confidential transactions) to exist on the same permissioned network.

The Architecture:

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Omnitude will be built on top of Hyperledger, the open source, global, collaborative project hosted by The Linux Foundation. Hyperledger is a permissioned blockchain protocol which enables business-to-consumer and business-to-business transactions.

Token Metrics:

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ICO Token Price: 1 ECOM = 0.46 USD
Fundraising Goal: 25,000,000 USD
Sold on pre-sale: 4,256,307 USD (15% BONUS)
Total Tokens: 100,000,000
Available for Token Sale: 55,000,000

ICO start date : 28th March 2018
ICO end date: 25th April 2018
Website: https://omnitude.tech
Whitepaper: https://files.acrobat.com/a/preview/75fe0af9-d98b-4002-863c-138b43a131ef

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